Andrew Ross Sorkins’ “Too Big To Fail” Is Set For Success

October 20th, 2009 - 6:57 pm ICT by GD  

By Madhuri Dey
rossOct. 20 (THAINDIAN NEWS) Andrew Ross Sorkins, the assistant editor of financial news, New York Times, is ready with his first book, titled “Too Big To Fail: How Wall Street and Washington Fought to Save the Financial System - and Themselves“. The book was published this Tuesday by Viking Press.

Mr. Sorkins had not yet graduated from high school and was only eighteen years old when he wrote his first article which was published in The New York Times. At present, he covers the chief mergers and acquisitions for the paper. He is the winner of the prestigious Gerald Loeb Award for breaking news in 2004, which is the highest award anyone can receive for business journalism. He is also the two time winner of Society of American Editors and Writers Award, again for breaking news, in 2005 and 2006. He was named the Young Global Leader by the World Economic Forum in 2007.

“Too Big To Fail: How Wall Street and Washington Fought to Save the Financial System - and Themselves” chronicles the efforts made by Richard S. Fuld Jr., the chairman of of the Lehman Brothers to stave off the terrible fate the company imminently faced: bankruptcy. The book is based on the period o acute financial crisis the world faced. The backdrop of the book is the two months before the Lehman Brothers filed for bankruptcy. The book is a veritable document of the brave efforts of he team of Lehman Brothers to save the company from going under before they were forced to file for bankruptcy. Sorkins wrote the book with considerable insight, given that he is an insider when it comes to wall street news. He had interviewed authentic sources, guaranteeing privacy.

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